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Russia doing lucrative nuclear deals with India

Big bucks, many irritants, Business Standard, 15 March 2010, The Russia-India relationship, Ajai Shukla / New Delhi, Prime Minister Vladimir Putin’s 5th visit to India, superficially a success, in fact highlighted the one-way structure of the Russia-India relationship.

The four pillars on which the relationship rests — strategic congruence; defence and space partnership; nuclear power generation; and hydrocarbons — remain biased in favour of Russia. Putin’s visit gives little hope that this is about to change………

…Russia’s readiness to supply India strategic platforms and technology that no other country will part with — such as a nuclear submarine on lease and assistance in designing an Indian nuclear submarine and underwater-launched missiles — maintains for that country a niche in a lucrative strategic sphere………….

Russia’s multi-billion dollar defence signings were echoed in the realm of nuclear power production (NPP) equipment. The NSG waiver on nuclear trade with India has triggered a Russian campaign to sell reactors in India, co-opting Indian engineering companies in order to bring down costs…………..
The unhealthy lopsidedness of the trade relationship will tilt further in Moscow’s favour after India’s purchase of nuclear reactors and supplies of nuclear fuel.

Big bucks, many irritants

March 15, 2010 - Posted by Christina Macpherson | India, politics international | antinuclear, nuclear, nuclear costs, nuclear secrecy, nuclear spin